IDEAS home Printed from https://ideas.repec.org/a/fip/fedreb/00043.html
   My bibliography  Save this article

Whom Do the Federal Reserve Bank Boards Serve?

Author

Listed:
  • Helen Fessenden
  • Gary Richardson

Abstract

The long-standing governance model of the Federal Reserve Banks, including their boards and the directors who serve on them, is under growing criticism. Calls are increasing for the boards to sever direct ties to banking and finance and become more diverse in their representation, as well as to offer more transparency to the public. As history shows, this governance model always has been the subject of political scrutiny, as public concepts of diversity ? and the Fed's functions ? have evolved over time.

Suggested Citation

  • Helen Fessenden & Gary Richardson, 2016. "Whom Do the Federal Reserve Bank Boards Serve?," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, issue August.
    • Handle: RePEc:fip:fedreb:00043
    as

    Download full text from publisher

    File URL: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/economic_brief/2016/pdf/eb_16-08.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    governance; boards;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedreb:00043. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christian Pascasio (email available below). General contact details of provider: https://edirc.repec.org/data/frbrius.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.